To save for retirement, Karla Harby put $675 each month into an ordinary annuity for 19 years. Interest was compounded monthly.
To save for retirement, Karla Harby put $675 each month into an ordinary annuity for 19 years. Interest was compounded monthly. At the end of the 19 years, the annuity was worth $271,800.
What annual interest rate did she receive______?
(Round to two decimal places as needed.)
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